StockTake: No time like the present for exploring at Christmas Creek

Trek (ASX:TKM) has secured commitments to raise $3.5m to drive drilling at its highly prospective Christmas Creek project in WA’s Kimberley.

Trek Metals (ASX:TKM) has secured firm commitments to raise $3.5 million to drive drilling at its highly prospective Christmas Creek project in WA's Kimberley region.

Drilling will start in the coming weeks, targeting the expansion of the recent high-grade gold discovery at the Martin prospect, whilst also evaluating extensions and newly identified high-priority targets at Coogan and Zahn.

“This is an important capital raising for Trek that will enable us to fully evaluate the exciting high-grade gold discovery we made last year at Christmas Creek," Trek’s CEO Derek Marshall said of the raise.

“In our view, the Christmas Creek project represents a major discovery opportunity as part of the upcoming drill season, with the potential to confirma large-scale orogenic gold find of considerable scale that we believe could quickly re-rate the Company as we drill test below and immediately along strike from the thick, high-grade intercepts reported late last year.

Watch the video to hear more.

This video was developed in collaboration with Trek Metals, a Stockhead advertiser at the time of publishing.

This video does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.

Originally published as StockTake: No time like the present for exploring at Christmas Creek